LINK Faces Increased Sell Pressure Amid Whale Activity and Declining Derivatives Interest: Possible Redistribution Phase Ahead
Chainlink (LINK) faces increased selling pressure as whale activity surges, while interest in derivatives declines, altering the market dynamics. Whale netflows to exchanges surged 440% as sell pressure intensified. Retail and investor holdings rose, while whale dominance dropped. A previously dormant whale recently deposited 200,355 Chainlink [LINK], valued at $3.27 million, into Binance after nine … Read more